Skip To Content
Courtesy of Betsy Adamovich of Real Broker LLC: .

37 Killington Avenue

Rutland City, VT 05701
  • $665,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 5075585
UPDATED: 22 min ago
$665,000
  • 14
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,836
    SQFT
  • $114
    $/SQFT
Type:
Multi-Family
Built:
1988
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Exceptional 13.37% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-maintained 8-unit multifamily property features a desirable and diversified unit mix of six (6) 2-bedroom, 1-bath units and two (2) studio apartments. The building has been thoughtfully cared for and is supported by many long-term tenants, contributing to stabilized occupancy and reliable performance. Generating $113,880 in gross annual income, the property is located within walking distance to downtown Rutland, benefiting from strong rental demand driven by easy access to public transportation, restaurants, retail, and essential services. Investors will appreciate the immediate income in place, along with future upside potential through rent growth, cosmetic improvements, or operational efficiencies. A compelling opportunity for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market, this property offers both stability today and growth potential for the future.

Monthly Payment Calculator



© Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-02-14T15:05:40.32.
www.livingvermont.com/homes/172696389
Print Image

37 Killington Avenue Rutland City, VT 05701

  • Price: $665,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 22 min ago
  • MLS #: 5075585
14
Beds
0
Baths
0
½ Baths
0.33
Acres
5,836
SQFT
$114
$/SQFT
1988
Built
County:
Rutland
Area:
Rutland City
Elementary School:
Rutland Town School
Middle School:
Rutland Middle School
High School:
Rutland Senior High School
School District:
Rutland City School District
Property Description
Exceptional 13.37% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-maintained 8-unit multifamily property features a desirable and diversified unit mix of six (6) 2-bedroom, 1-bath units and two (2) studio apartments. The building has been thoughtfully cared for and is supported by many long-term tenants, contributing to stabilized occupancy and reliable performance. Generating $113,880 in gross annual income, the property is located within walking distance to downtown Rutland, benefiting from strong rental demand driven by easy access to public transportation, restaurants, retail, and essential services. Investors will appreciate the immediate income in place, along with future upside potential through rent growth, cosmetic improvements, or operational efficiencies. A compelling opportunity for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market, this property offers both stability today and growth potential for the future.
Exterior Features

Architectural Style Multi-Family Construction Materials Wood FrameVinyl Siding Driveway Gravel Exterior Features Porch Has Garage No Lot Features City Lot Road Frontage TBD Roof Asphalt Shingle

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Flooring CarpetVinyl Foundation BrickStone Has Basement Yes Heating OilBaseboardHot Water Total Ranges 8 Total Refrigerators 8 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1 Unit7 Baths 1 Unit8 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 113800 Pre Construction No Road Frontage Type PavedPublic Seasonal No Sewer Public Tax Gross Amount 12519 Tax Year 2025 Taxes Tbd No Total1 Bed Units 2 Total2 Bed Units 6 Total3 Plus Bed Units 0 Unit1 Rental Amount 1195 Unit2 Rental Amount 1200 Unit3 Rental Amount 1400 Unit4 Rental Amount 1500 Unit5 Rental Amount 1100 Unit6 Rental Amount 1100 Unit7 Rental Amount 1000 Unit8 Rental Amount 995 Utilities Telephone Available Water Source Public Zoning Residential

Courtesy of Betsy Adamovich of Real Broker LLC: .


© Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-02-14T15:05:40.32.
 
https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5075585-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5075585-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5075585-2.jpg
Logo
RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446